Actuarial Analyst

@Madison Insurance posted 24 hours ago in IT & Communication
  • Nairobi, Nairobi County, Kenya, 00100 View on Map
  • Post Date : May 6, 2026
  • Salary: Ksh30,000.00 - Ksh80,000.00 / Monthly
  • 0 Click(s)
  • View(s) 9
Email Job

Job Detail

  • Job ID 2964

Job Description

Actuarial Analyst

Madison Life Assurance Kenya Limited, a subsidiary of Madison Group Limited, is a well-known provider of life assurance, group schemes and pension administration in Kenya. The Group also provides through two other subsidiaries, general insurance underwriting as well as fund management services.

The Company is recruiting for the position of Actuarial Analyst reporting to the Actuarial Products Associate. The job holder will be based at its Head Office in Madison House, Nairobi.

Key Responsibilities

  • Perform timely and accurate monthly actuarial valuations under IFRS 17.
  • Conduct experience analyses on mortality, lapses, expenses, and investment returns to investigate deviations and update assumptions.
  • Provide projections for liabilities, premiums, claims, and investment income aligned with business strategy and observed experience.
  • Support regulatory reporting with accurate inputs and ensure compliance with internal procedures and audit requirements.
  • Monitor actual experience against budgets and advise on deviations and business implications.
  • Maintain ongoing professional development toward actuarial qualifications.
  • Perform additional actuarial analyses as required by the business.
  • Other duties as may be assigned by the Actuarial Associate from time to time.

Academic and Professional Qualifications required

  • University Degree in Actuarial Science.
  • One-year experience in an Actuarial function.
  • Candidate must have passed at least One Actuarial Professional Exams.

Key Competencies

  • Proficient in Excel, Prophet, Python, and/or R.
  • Strong analytical and problem-solving skills.
  • Good communication skills.
  • Ability to work well in a team.

Qualified candidates are requested to forward their CV and Cover letter to hr_recruitment@madison.co.ke  stating the Role as the Subject of the email.

Your privacy matters to us at Madison Group Limited, as part of our hiring process your personal data will be processed in line with our Recruitment Privacy Notice, which is available at https://www.madison.co.ke/careers/.

Madison Life Assurance Kenya Limited is an equal opportunity employer, committed to diversity and inclusion in the workplace. All qualified applicants will receive fair consideration for employment based on merit, skills and experience.

Other jobs you may like

 
Required 'Candidate' login to applying this job. Click here to logout And try again
 
 
 
 

Apply for this Job

  • Drop a resume file or click to upload.
    To upload file size is (Max 5Mb) and allowed file types are (.doc, .docx, .pdf)
    or
    Upload Resume
  • Upload Cover Letter

    To upload file size is (Max 1Mb) and allowed file types are (.doc, .docx, .pdf)

  • By clicking checkbox, you agree to our Terms and Conditions and Privacy Policy

 

Answers

 

Account Activation

Before you can login, you must activate your account with the code sent to your email address. If you did not receive this email, please check your junk/spam folder. Click here to resend the activation email. If you entered an incorrect email address, you will need to re-register with the correct email address.